AB Municipal Income New York Advisor (ALNVX)
| Fund Assets | 569.49M |
| Expense Ratio | 0.51% |
| Min. Investment | $0.00 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.55% |
| Dividend Growth | 5.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.35 |
| YTD Return | 2.36% |
| 1-Year Return | 6.75% |
| 5-Year Return | 4.56% |
| 52-Week Low | 8.91 |
| 52-Week High | 9.40 |
| Beta (5Y) | 0.08 |
| Holdings | 231 |
| Inception Date | Aug 6, 2008 |
About ALNVX
AB Municipal Income Fund New York Portfolio Advisor Class is a municipal bond mutual fund designed to provide shareholders with the highest possible level of current income exempt from federal, New York State, and New York City income taxes, within a risk framework established by the fund's adviser. The fund primarily invests in high-quality, investment-grade municipal securities issued within New York, with approximately 80% of its holdings rated A or higher. Its portfolio focuses on short- to intermediate-term bonds to help manage volatility and interest-rate risk, making it suitable for investors seeking tax-advantaged income with a moderate risk profile. With over 200 holdings and a strong emphasis on credit quality, this fund plays a significant role for New York residents aiming to maximize after-tax income. It is managed by AllianceBernstein using a data-driven and disciplined investment approach, offering monthly income distributions and aiming for stability alongside competitive, risk-adjusted returns within its category.
Performance
ALNVX had a total return of 6.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.60%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEMIX | Fidelity | Fidelity Advisor NY Municipal Inc I | 0.53% |
| FNMAX | Fidelity | Fidelity Advisor NY Municipal Inc A | 0.76% |
| FTFMX | Fidelity | Fidelity New York Municipal Income Fund | 0.45% |
| FNYPX | Fidelity | Fidelity Advisor NY Municipal Inc M | 0.72% |
| FNYCX | Fidelity | Fidelity Advisor NY Municipal Inc C | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02707 | Jun 30, 2026 |
| May 29, 2026 | $0.02886 | May 29, 2026 |
| Apr 30, 2026 | $0.02799 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02809 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02652 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02851 | Jan 30, 2026 |